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White House initiative will boost artificial intelligence research and data-sharing

The White House is moving forward with the American AI Initiative, a set of policies aimed at focusing the full resources of the federal government on the frontiers of artificial intelligence. President Donald Trump is due to sign an executive order launching the initiative on Monday. Among its provisions is a call for federal agencies to prioritize AI in their research and development missions, and to prioritize fellowship and training programs to help American workers gain AI-relevant skills.

China Is Home To More Than Half Of World’s Top AI Unicorns As Battle For Supremacy With US Heats Up

China is home to the most number of artificial intelligence start-ups valued at US$1 billion or above, according to CB Insights, a research firm that tracks venture capital activity.

Six of the 11 so-called unicorns in the annual compilation of top AI start-ups are from China, with SenseTime taking top spot with a valuation of US$4.5 billion.

Two Chinese facial recognition companies on the list, SenseTime and Face++, also received the most equity fundin…
2019-02-10 23:35:13-05:00 Read the full story.

As ETF industry meets, these are the hot trends people are watching in 2019

The Inside ETF conference, the world’s biggest gathering of ETF professionals, is underway in Hollywood, Florida. Some 2,500 providers, registered investment advisors and media have gathered to discuss the latest trends in the investment world.

The U.S. exchange-traded funds business expanded again last year, despite the down market, and now has $3.6 trillion in assets. The mutual fund industry saw outflows but is still sizable, at roughly $19 t…
2019-02-11 00:00:00 Read the full story.CloudQuant Thoughts… ETFs are a great way to spread your Risk across a number of stocks with one simple easy trade. Feel that Emerging Markets are going to be strong? Invest in EEM. US Oil on the up? USO! Finance sector on its way down, short XLF. If you do a little research you could come up with a well balanced mode, write a little Python Code over at CloudQuant and possible make some extra money.

Hedge funds are spending billions to get an edge through access to satellite images and credit-card transactions. Now they fear a crackdown’s coming.

The hedge-fund manager didn’t invest much in oil, but a data company’s unusual pitch caught his eye.

The firm claimed to pinpoint in real time which oil rigs in Texas were operating — information that could be used, for a price, to make better bets on the commodity.

How did the company acquire this type of potentially extremely lucrative data? It paid a guy $50 to drive around and stick sensors on oil rigs.

The hedge-fund manager, who declined…
2019-02-07 00:00:00 Read the full story.CloudQuant Thoughts… Alternative data is a great way to get an edge in the investment industry, but so is a unique view of the market. We all have our own way of looking at data, perhaps yours is particularly unique and profitable. You can try out your ideas at CloudQuant.com

Podcast series explores how AI can help solve society’s toughest challenges

A podcast series sponsored by Microsoft on how artificial intelligence is helping people solve previously intractable societal challenges launches Monday, Feb. 4, on This Week in Machine Learning and AI. The six-episode “AI For the Benefit of Society with Microsoft” series highlights how AI breakthroughs are advancing work in environmental sustainability, precision medicine, accessibility and life-saving humanitarian assistance.

Hosted by Sam Charrington, the podcast episodes cover technologies and people using AI to pinpoint communities that are at risk of famine before it strikes, help children with autism get additional communication tools, fight climate change through sustainable forest management and develop chatbots to efficiently connect refugees with legal services. They also explore cross-cutting themes around AI and ethics, including how to account for bias in data, ensure new technologies work for the broadest range of users and build a culture of responsible innovation.
2019-02-04 18:16:25+00:00 Read the full story.CloudQuant Thoughts… Microsoft are putting $25m behind AI for Good as an internal campaign to connect tech experts with those in need.

MIT Analyzed 16,625 Papers to Figure Out Where AI is Headed Next

Almost everything you hear about artificial intelligence today is thanks to deep learning. This category of algorithms works by using statistics to find patterns in data, and it has proved immensely powerful in mimicking human skills such as our ability to see and hear. To a very narrow extent, it can even emulate our ability to reason. These capabilities power Google’s search, Facebook’s news feed, and Netflix’s recommendation engine—and are tra…
2019-02-05 15:45:10+00:00 Read the full story.Interest Score: 1.1971, Positive Sentiment: 0.3282, Negative Sentiment 0.1159

Regtech Will Help According FINRA Panel

Regulatory technology, or regtech, will have its biggest effect in five main areas.

FINRA, or the Financial Industry Regulatory Authority, put out a white paper in September 2018 identifying these areas, and that white paper was discussed in the most recent FINRA podcast, Unscripted.

On this podcast, the three guests were: Nick Cook, head of RegTech and Advanced Analytics at the United Kingdom’s Financial Conduct Authority (FCA); Michael Piecia…
2019-02-10 07:31:27+00:00 Read the full story.Interest Score: 1.6617, Positive Sentiment: 0.1097, Negative Sentiment 0.1411

Lentiq Launches EdgeLake With Some Fanfare

Dr. Kirk Borne doesn’t pitch for products very often. He tipped Datanami off to the work Ayasdi was doing some years ago in the field of topological data analysis. Now there’s another vendor product the senior data scientist is speaking well about: the new EdgeLake product from Lentiq that launched today.

Lentiq has a new take on data lakes. Instead of building a centralized data lake, the vendor’s EdgeLake offering provides users with a distrib…
2019-02-07 00:00:00 Read the full story.Interest Score: 2.2167, Positive Sentiment: 0.2145, Negative Sentiment 0.0715

If you’re wondering if robots are gaining traction, go no further than the latest financial results from iRobot Corp ( ).

The Bedford, Massachusetts, company reported this week that its gross margin widened in 2018 to 51% from 49% a year earlier. Sales of the Roomba robotic vacuum models helped drive annual revenue above $1 billion for the first time.

“The company is defining what a smart home will look like as it expands upon its ecosystem of …
2019-02-08 00:00:00 Read the full story.Interest Score: 2.0712, Positive Sentiment: 0.2124, Negative Sentiment 0.0531

ParallelM to Integrate with H20.ai

ParallelM, a provider of MLOps, is integrating with H2O open source to drive the adoption of AI across industries. The integrations will allow H2O.ai customers to quickly deploy and manage models in ParallelM MCenter and manage ongoing lifecycle needs like model health monitoring and model retraining for models running in production.

“Part of our mission towards democratizing AI is to empower the ecosystem. As the H2O community continues to expa…
2019-02-05 00:00:00 Read the full story.Interest Score: 1.8663, Positive Sentiment: 0.2592, Negative Sentiment 0.0518

15 Docker Commands You Should Know

In this article we’ll look at 15 Docker CLI commands you should know. If you haven’t yet, check out the rest of this series on Docker concepts, the ecosystem, Dockerfiles, and keeping your images slim. In Part 6 we’ll explore data with Docker. I’ve got a series on Kubernetes in the works too, so follow me to make sure you don’t miss the fun!

There are about a billion Docker commands (give or take a billion). The Docker docs are extensive, but ov…
2019-02-07 11:31:41+00:00 Read the full story.Interest Score: 1.8429, Positive Sentiment: 0.0000, Negative Sentiment 0.2910

Securing the future of AI and machine learning at Microsoft

Artificial intelligence (AI) and machine learning are making a big impact on how people work, socialize, and live their lives. As consumption of products and services built around AI and machine learning increases, specialized actions must be undertaken to safeguard not only your customers and their data, but also to protect your AI and algorithms from abuse, trolling, and extraction.

We are pleased to announce the release of a research paper, …
2019-02-07 00:00:00 Read the full story.Interest Score: 1.8413, Positive Sentiment: 0.1556, Negative Sentiment 0.4409

Using AI to better visualise complex data

The amount of data is exponentially growing. A paper by IDC, Data Age 2025, said that 16.3 zettabytes of information was generated in 2017 (one zettabyte is 1 billion terabytes), and forecasted this amount would rise to as much as 163 zettabytes in 2025.

Making sense of all this data has become the next arms race, with artificial intelligence playing a pivotal role in pattern recognition and generating new insights for managers.

For the three months ended December 29, the Bedford, Massachusetts, company reported earnings per share of $0.88 on record revenue of $385 million. The average estimate of analysts was for earnings per share of $0.50 on expected revenue of $381.26 million.

Robotics migrates to the desktop

Robotic process automation is accelerating productivity within the financial sector. Much of the recent progress that’s been made innovating artificial intelligence (AI) technology toward greater efficiency has been driven by the significant resource investments of fund administrators, such as U.S. Bank Global Fund Services.

“Since early 2013, our teams have worked tirelessly to be able to fully strike an automated NAV with zero human interventi…
2019-02-10 00:00:00 Read the full story.Interest Score: 1.7987, Positive Sentiment: 0.6443, Negative Sentiment 0.0268

Taking Your Data Lake to the Next Level

Data lake adoption is on the rise. Right now, 38% of DBTA subscribers have data lakes deployed to support data science, data discovery and real-time analytics initiatives, and another 20% are considering adoption. Today, most data lakes are on-premises. However, the cloud is becoming an increasingly attractive location as well. While data lakes have evolved and matured over the past few years of enterprise use, many challenges still exist. Data governance, security, integration and the ability to easily access an…
2019-03-28 00:00:00 Read the full story.Interest Score: 1.7321, Positive Sentiment: 0.3464, Negative Sentiment 0.2309

What’s Ahead in Big Data and Analytics

From data lakes and the cloud, to machine learning and artificial intelligence, the world of big data and analytics continues to evolve rapidly. The demand for fast access to information through better self-service capabilities is growing. At the same time, the need for improved governance and security practices is also intensifying. In response, leading organizations are turning to innovative new technologies and strategies to reinforce their an…
2019-12-12 00:00:00 Read the full story.Interest Score: 1.6693, Positive Sentiment: 0.7154, Negative Sentiment 0.1590

Feature Articles Archives

Regulatory technology, or regtech, will have its biggest effect in five main areas.

FINRA, or the Financial Industry Regulatory Authority, put out a white paper in September 2018 identifying these areas, and that white paper was discussed in the most recent FINRA podcast, Unscripted.

On this podcast, the three guests were: Nick Cook, head of RegTech and Advanced Analytics at the United Kingdom’s Financial Conduct Authority (FCA); Michael Piecia…
2019-02-11 10:14:24+00:00 Read the full story.Interest Score: 1.6617, Positive Sentiment: 0.1097, Negative Sentiment 0.1411

AI Is Not Your Savior In Social Listening

You’re hearing with increasing frequency that social listening platforms (SLPs) are incorporating artificial intelligence and that AI may eventually unburden humans from heavy social data management and analysis. The reality: This is exaggerated. You still need a hefty amount of human involvement to set the rules, train the data, and maintain the platform. In researching this tech category in our “Now Tech: Social Listening Platforms, Q2 2018” an…
2019-02-07 10:47:43-05:00 Read the full story.Interest Score: 1.6504, Positive Sentiment: 0.2116, Negative Sentiment 0.1693

Microsoft Invests in Databricks

Databricks, the high-flying analytics startup founded by the creators of Apache Spark, announced yet another venture funding haul this week as it hustles to meet what it says is growing demand for its analytics platform.

The analytics specialist announced Tuesday (Feb. 5) it has raised an additional $250 million in its latest funding round that included new investor and cloud partner Microsoft. The Series E round was led by Andreessen Horowitz. …
2019-02-05 00:00:00 Read the full story.Interest Score: 1.6475, Positive Sentiment: 0.0588, Negative Sentiment 0.0588

Overcoming Data Integration and Governance Challenges

The proliferation of data sources, types, and stores is increasing the challenge of combining data into meaningful, valuable information. The need for faster and smarter data integration capabilities is growing. At the same time, to deliver business value, people need information they can trust to act on, so balancing governance is absolutely critical nowadays, especial…
2019-06-27 00:00:00 Read the full story.Interest Score: 1.6447, Positive Sentiment: 0.2193, Negative Sentiment 0.6579

Global Study Examines How Data and Analytics Can Help Finance and HR

A short-term mindset and entrenched cultural habits are the biggest barriers to collaboration between HR and finance teams according to a new study from Oracle.

The new Oracle study of 1,510 HR, finance, and business professionals has found that in order to unlock the value from data and help their organizations adapt to the changing nature of the global talent market, HR teams need to rethink analytics technology, skills, and processes to impro…
2019-02-06 00:00:00 Read the full story.Interest Score: 1.6290, Positive Sentiment: 0.5183, Negative Sentiment 0.3702

Streamlining the Production of Artificial Intelligence

People often think the algorithms used for Machine Learning (ML) are the most important factors for developing a successful ML system. However, shrewd Artificial Intelligence (AI) and Machine Learning systems in production (managing the data at all stages, with multiple models) have much more impact on the success of the model than the specific learning algorithm. In their book AI and Analytics in Production, Ted Dunning and Ellen Friedman describe how or…
2019-02-07 08:35:58+00:00 Read the full story.Interest Score: 1.6151, Positive Sentiment: 0.2869, Negative Sentiment 0.1913

A little more than a year ago, Microsoft teamed up with San Francisco-based Databricks to help its cloud customers quickly parse large amounts of data. Today, Microsoft is Databricks’ newest investor.

Microsoft participated in a new $250 million funding round for Databricks, which was founded by the team that developed the popular open-source Apache Spark data-processing framework at the University of California-Berkeley. The round was led by An…
2019-02-05 16:10:32-08:00 Read the full story.Interest Score: 1.6007, Positive Sentiment: 0.2668, Negative Sentiment 0.0000

Exploring Artificial Intelligence at the Edge

As the adoption of artificial intelligence (AI), deep learning, and big data analytics continues to grow, it is becoming increasingly important for edge computing systems to process large data sets in a timely and efficient manner. The basic compute, storage and networking capabilities are all present today at the edge, but speeds and capacity will only continue to increase and advancements like NVMe (Non Volatile Memory Express) will offer signi…
2019-02-04 00:00:00 Read the full story.Interest Score: 1.5880, Positive Sentiment: 0.3246, Negative Sentiment 0.1275

InterSystems and Global Accelerated Ventures Develop Startup Program to Advance Innovation in Finance and Healthcare Industries

OSTON–(BUSINESS WIRE)–InterSystems and Global Accelerated Ventures (GAV) announced today a newly developed innovation program designed for startups in the areas of fintech, health tech, logistics and data analytics. Through this new program, startups will have the opportunity to develop software solutions built on InterSystems IRIS Data Platform that are robust, market-ready and ultimately resonate with potential customers.

Working with InterSystems, the company behind some of the world’s most important applications, including those created by Epic, the European Space Agency, and six of the world’s 10 larg…
2019-02-07 15:30:52+00:00 Read the full story.Interest Score: 1.5851, Positive Sentiment: 0.5858, Negative Sentiment 0.0345

The next-gen tech disrupting data centre management

News Data Centre

New features leveraging DevOps, AI and data science offer companies unmatched visibility into infrastructure performance before, during and after each modernisation step, says Jeff Klaus, general manager of Intel Data Center Management Solutions

Data science has created a new understanding that the data we have is more valuable then we previously assumed. Current thinking s…
2019-02-11 00:00:00 Read the full story.Interest Score: 1.5838, Positive Sentiment: 0.3056, Negative Sentiment 0.1111

London Is Top European Hub For Global Tech Talent

London is the number one destination in Europe for international technology workers, according to latest figures from LinkedIn and Stack Overflow.

The UK capital’s thriving technology and cultural scene continues to be a major draw for tech talent from overseas, with analysis of LinkedIn’s members showing that London welcomed more European and non-EU tech professionals than any other major European city in 2018.

Expanding Your Data Science Capabilities

Surviving and thriving with data science means not only having the right platforms, tools and skills, but identifying use cases and implementing processes that can deliver repeatable, scalable business value. The challenges are numerous, from infrastructure management, to data preparation and exploration, and model training and deployment. In response, new solutions have emerged to address key needs in areas including self-service, real…
2019-06-06 00:00:00 Read the full story.Interest Score: 1.5625, Positive Sentiment: 0.1953, Negative Sentiment 0.0977

The ‘Big Bang’ of Data Science and ML Tools

The tools used for data science are rapidly changing at the moment, according to Gartner, which said we’re in the midst of a “big bang” in its latest report on data science and machine learning platforms.

“The data science and ML market is healthy and vibrant, with a broad mix of vendors offering a range of capabilities,” Gartner says in its Magic Quadrant for Data Science and Machine Learning Platforms published January 28. “The market is experiencing a ‘big bang’ that is redefining not only who does data science and ML, but how it is done.”

Buy Side Looks to AI

There is an opportunity for fintech firms to provide artificial intelligence offerings to portfolio managers so it is easier and quicker for the buy side to use. That’s according to Stu Taylor, Managing Partner at Firenze Partners and previously co-founder and chief executive of fixed income technology provider Algomi.

In June last year Algomi, which was set up to improve the search for bond market liquidity, announced that Scott Eaton, former chief operating officer for…
2019-02-06 16:39:11+00:00 Read the full story.Interest Score: 1.5148, Positive Sentiment: 0.3513, Negative Sentiment 0.1098

Modern Data Warehousing: Enterprise Must-Haves

To fit into modern analytics ecosystems, legacy data warehouses must evolve—both architecturally and technologically—to deliver the agility, scalability and flexibility that business need to thrive in today’s data-driven economy. Alongside new architectural approaches, a variety of technologies have emerged as key ingredients of modern data warehousing, from data vir…
2019-11-19 00:00:00 Read the full story.Interest Score: 1.5101, Positive Sentiment: 0.2517, Negative Sentiment 0.1678

Traditional Vs Machine Learning For Software Development

Most of the practitioners agree upon the neural nets proceeds while representing a shift in coding as currently, the industry has first interest in artificial intelligence which is entirely focused on data-driven AI. Is machine learning helpful to speed up traditional software development? We all know how AI is becoming a key aspect of modern software. Artificial intelligence and machine learning are continually growing due to its components which can be used again, even by people who aren’t pros. We need to analyze further the merits of using machine learning vs. …
2019-02-08 12:10:18+00:00 Read the full story.Interest Score: 1.4806, Positive Sentiment: 0.1645, Negative Sentiment 0.0617

Separate Ministry For AI? Indian Experts Say That’s The Way To Go Ahead

Roshy John at the Professional Students Summit at Cochin University of Science and Technology has submitted a representation to Kerala Chief Minister Pinarayi Vijayan seeking a dedicated ministry for Artificial Intelligence in the state.

While having a conversation with the Chief Minister on the sidelines of the event, John said that lack of any meaningful allocation for Artificial Intelligence in the Union and state budgets for 2019-20 is a setback.

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Furthermore, the global head of robotics has also put light on the fact that countries all over the world are setting up separate bodies for artificial…
2019-02-11 08:34:11+00:00 Read the full story.Interest Score: 1.4427, Positive Sentiment: 0.0000, Negative Sentiment 0.2278

Credit risk management principles, tools and techniques

For any lender the importance of credit risk measurement (CRM) is paramount. It is the basis for which a lender can calculate the likelihood of a borrower defaulting on a loan or meet other contractual obligations. More broadly, credit risk management attempts to measure the probability that a lender will not receive the owed principal and accrued interest, which if allowed to happen, will lead to a loss and increase costs for collecting the debt…
2019-02-07 00:00:00 Read the full story.Interest Score: 1.4394, Positive Sentiment: 0.2380, Negative Sentiment 0.3740

Amazon’s Director Of AI Takes Charge As Landi.ai’s VP Engineering

Former director of computer vision and artificial intelligence at Amazon, Gopi Prashanth, will take charge as Landing.ai’s VP engineering, where he will be overseeing the company’s venture expansion to other industrial verticals.

At Landing.ai, an enterprise automation company, Prashanth will be also be charged with the company’s software development team and meet a growing demand for newer applications of AI. Prashanth who was leading a team that created A…
2019-02-08 06:52:25+00:00 Read the full story.Interest Score: 1.4286, Positive Sentiment: 0.2857, Negative Sentiment 0.0000

Let the Data Not the App Drive Your Multi-Cloud Strategy

Artificial intelligence, machine learning, and analytics aren’t just technological trends. Data-driven innovation and decision-making is the future for business. There’s no longer any question.

Yet the volume and variety of data is overwhelming. Transaction data, IoT devices and sensors, and video and audio data from a multitude of sources are generating massive data sets. Global IP traffic is now measured in zettabyte…
2019-02-07 00:00:00 Read the full story.Interest Score: 1.4203, Positive Sentiment: 0.2899, Negative Sentiment 0.2029

Investing startup Pagaya just raised $100 million in a bet that technology can reshape the consumer credit markets

Artificial intelligence has been the topic du jour on Wall Street.

JPMorgan is cleaning up its database to do artificial intelligence better. Other managers are using it to augment their sustainable investing strategies.

Enter Pagaya, a New York- and Israel-based startup using artificial intelligence to evaluate loans. The company, which landed $75 million in debt financing from Citigroup last year, is betting that ac…
2019-02-06 00:00:00 Read the full story.Interest Score: 1.3907, Positive Sentiment: 0.0787, Negative Sentiment 0.0262

Cyborgs and Robos and Hybrids, Oh My!

By now, most registered investment advisors are familiar with automated advice platforms, or so-called robo advisors. While robo-advisory services have been a disruptive force, the machines haven’t “taken over” in the dystopian sense that some had originally feared. In fact, many RIAs have successfully leveraged new technology to grow and improve their practices.

In the same way that RIAs have used robo-advisory platforms as a complement to thei…
2019-02-06 11:20:09-05:00 Read the full story.Interest Score: 1.3485, Positive Sentiment: 0.3112, Negative Sentiment 0.1556

Automation Takes on the Heavy Lifting of Data Management

These days, every business is a data business. Every enterprise, regardless of industry or even size, is attempting to manage and draw insights from large volumes of data—now often extending into the petabyte range—surging through and between their systems and applications, both within clouds and on-premise data centers. This all needs to be managed appropriately and securely, as well as backed up and made highly available.

At the Forefront of Innovation, Companies at AI World 2018 in Boston At Work Offering AI to Business

Companies at the recent AI World in Boston are at the forefront of AI innovation in business.

Brain Corp.’s AI platform can be combined with ordinary machines to make them intelligent. For example, the company’s BrainOS self-driving technology is used to modify floor scrubbing machines so they can operate autonomously, without a driver.

The company recently announced that Walmart has committed to deploy intelligent floor scrubbers in 360 US sto…
2019-02-05 15:20:42+00:00 Read the full story.Interest Score: 1.3403, Positive Sentiment: 0.1646, Negative Sentiment 0.1411

Better Together: Humanity + Machine Learning

Artificial intelligence has not only become an international arms race, competition has now heated up as companies look to adopt machine learning/deep learning at an unprecedented pace. But the conversation about AI has largely focused on pitting humanity against AI, instead of what happens when we bring together humans *with* AI. In this talk by a16z operating partner Frank Chen, given at the annual a16z Summit, Chen g…
2019-02-08 00:00:00 Read the full story.Interest Score: 1.3158, Positive Sentiment: 0.1645, Negative Sentiment 0.1645

How Google, Amazon & Microsoft Are Making ML Accessible For SMEs

Organisations are now realising the benefits of data, thanks to the democratisation of machine learning which has put powerful tools in the hands of SMEs and large enterprises alike. What has changed the game for companies (small and large alike) is the access to algorithms and labelled data coupled with massive computing resources that helps teams train and deploy models on a large scale.

Understanding Data Gravity: How Cloud Is Helping It Grow Stronger

Of late, there is one more term that has gained a lot of traction — Data Gravity. According to Dave McCrory who coined data gravity in 2010, it can be defined as the analogy between the nature of data and the ability of data to attract additional applications and services. The concept is based on Newtonian gravity: the larger a mass, the more the attraction. And if we consider data as a planet or something with significant mass, then as data cont…
2019-02-11 06:14:33+00:00 Read the full story.Interest Score: 1.3096, Positive Sentiment: 0.1091, Negative Sentiment 0.0364

Database Management Today: New Strategies and Technologies

From big data and cloud computing, to AI and automation, new technology trends continue to reshape the practice of database management. As a result, database professionals are faced with new challenges and opportunities. Today, database teams are tasked with managing more databases, bigger databases, and a greater variety of databases — on premises and in the cloud. At the same time, businesses are hungry for …
2019-03-26 00:00:00 Read the full story.Interest Score: 1.2809, Positive Sentiment: 0.2745, Negative Sentiment 0.0915

Singapore’s Model Framework on Ethical Use of AI a “Living Document”

Singapore has released a framework on how artificial intelligence (AI) can be ethically and responsibly used, which businesses in the Republic and elsewhere can adopt as they grapple with issues that have emerged with new technology.

This model framework for AI governance is a “living document” intended to evolve along with the fast-paced changes in a digital economy.

It takes in feedback from the industry, and will be tweaked when it gets more views.

Keeping the Big Picture In Sight at H2O World

he said. “Our time is not coming back to us. So make it count. Make every moment yours.”

You could say that Ambati has made quite a bit of his time up to this point. In addition to authoring the H2O machine learning library and co-founding H2O.ai (initially called 0xdata), he co-founded the big data analytics company Platfora. His professional career also took him to Datastax, Azul Systems, and RightOrder, while his academic career involved sabbaticals in theoretical neuroscience at Stanford and Berkeley and an M.S. in math and computer science from the University of Memphis.

AI Weekly: The AI research agenda for the next 20 years is being made now

It’s mind-blowing how much world-shaping work that gets done in hotel ballrooms. Machine learning experts regularly gather at conferences around the world to discuss noteworthy work and how to move the industry forward. Few are fortunate enough to attend in person, but you can sometimes find video online.

The most recent example: The Association for the Advancement of Artificial Intelligence (AAAI) met in Hawaii last week, and among topics discussed was the roadmap for AI research in the Uni…
2019-02-08 00:00:00 Read the full story.Interest Score: 1.2662, Positive Sentiment: 0.1500, Negative Sentiment 0.1000

AIStorm raises $13.2 million for AI edge computing chips

Edge computing — that is, network architectures in which computation is relegated to smart devices as opposed to servers in the cloud — is forecast to be a $6.72 billion market by 2022. Its growth will coincide with that of the deep learning chipset market, which some analysts predict will reach $66.3 billion by 2025. They’re complementary, as it turns out — edge computing is projected to make up roughly three-quarters of the total global AI chip…
2019-02-11 00:00:00 Read the full story.Interest Score: 1.2401, Positive Sentiment: 0.1583, Negative Sentiment 0.1319

The Next 7 Steps in Convergence of Technology, Business—and Humanity

Things are looking good for tech workers: The global IT industry will grow in value by at least 4 percent to $5 trillion—with an upside of 6.4 percent—over the next year. Emerging tech alone is expected to more than double over the next several years, accounting for a $1.4 trillion market by 2022. In 2018, there were 250,000 IT job openings posted every month, and we should only expect this to increase in 2019.

To take a closer look at what will…
2019-02-04 00:00:00 Read the full story.Interest Score: 1.2378, Positive Sentiment: 0.1875, Negative Sentiment 0.2626

So You Want to be a Chief Data Officer?

More big companies are investing in treating data as a core strategic asset, and they’re increasingly hiring Chief Data Officers (CDO) to help them do a better job. The percentage of corporate CDOs rose from 1 percent in 2005 to 13 percent in 2013. The dynamic and dramatic move toward a hyper-personalized society during those years made it clear to social media companies and other big tech vendors that there was an opportunity to create value wit…
2019-02-06 08:35:04+00:00 Read the full story.Interest Score: 1.2316, Positive Sentiment: 0.2677, Negative Sentiment 0.1874

In a world shaped by globalization, tech, and AI, the Fed needs a new tool

Central Banks, especially the Federal Reserve Bank, love to reference models to justify their rate decisions. And, while much of the business community and many economists question the relevance of the Philips Curve, the Fed still uses this model. But the model is outdated already and will become more out of sync as new innovations such as AI continue to transform our economy and workforce.

From a certain perspective, one can understand the Fed’…
2019-02-10 00:00:00 Read the full story.Interest Score: 1.2165, Positive Sentiment: 0.1778, Negative Sentiment 0.2714

Open banking – Keep calm and saddle up for a five year run

A year on – and that’s a big milestone for many. But in the legacy banking world, nothing gets done in a year. And it’s not surprising that open banking has been more of an introvert than we expected. Eventful or not, open banking is one of the best things that could have happened to consumers, and will eventually turn out to be a case study for other global economies to learn from.

Open banking is not just a movement to get banks to relinquish …
2019-02-08 00:00:00 Read the full story.Interest Score: 1.1933, Positive Sentiment: 0.1065, Negative Sentiment 0.2131

Eka adds 25 new clients in 2018

Leading global provider of commodity management solutions, Eka Software, confirmed that 2018 marked a significant change in global commodity trading as both medium and large market participants embraced new technologies and moved to more linked, digitized, cloud-based enterprise systems for their trading, risk and logistics management.

Eka signed 25 new clients last year, making 2018 a record growth year for the company. These companies chose …
2019-02-08 00:00:00 Read the full story.Interest Score: 1.1912, Positive Sentiment: 0.3220, Negative Sentiment 0.0644

Blue Hexagon Uses the Power of Deep Learning to Detect Network Threats

As attackers become increasingly sophisticated, there is a need for advanced technologies that can detect attacks that traditional tools can’t.

That’s the mission for Blue Hexagon, which emerged from stealth on Feb. 5 with a deep learning platform to help automatically detect potential threats. The Blue Hexagon platform offers the promise of near real-time prevention of threats, with visibility into the indicators of compromise for an attack.

Can Big Data Help Save The Environment? SmartData Collective

e world from the dangers of climate change has not been one of them. New advances in technology have traditionally been associated with an increased carbon footprint and other environmental problems. Big data is flipping the script on that.

Many experts argue that big data is going to play a very important role in fighting climate change in the years to come. What are the benefits of artificial intelligence and big data for an environment that is slowly being destroyed by the pains of climate change?

Transit Effort Uses Robots to Gather Inspection Data

Systems engineers are among the growing list of data crunchers attempting to use predictive analytics in transportation applications such as capturing data collected by drones used to inspect the nation’s aging bridges and other infrastructure.

The systems approach combined with automation tools like drones and robots promises to help reduce the cost and downtime associated with traditional methods of inspecting bridges and roadway. The emphasis…
2019-02-04 00:00:00 Read the full story.Interest Score: 1.1255, Positive Sentiment: 0.1023, Negative Sentiment 0.3411

How data and digital platforms are changing life sciences

Data platforms and emerging technology are set to revolutionise life sciences, according to one of the world’s largest providers of clinical trials.

With a well established software-as-a-service platform, Medidata Solutions is now turning its attention to how it can better utilise the trove of data it is collecting.

Medidata pioneered clinical trials as a software service in the 90s and has grown to be one of the market leaders. In 2017 all of …
2019-02-05 06:03:09+11:00 Read the full story.Interest Score: 1.1165, Positive Sentiment: 0.2670, Negative Sentiment 0.1456

The language and concepts of machine learning are far from intuitive. And user experience design requires an understanding of how people think and behave, simultaneously taking into account the irrationality of human behavior and the messiness of everyday life.

Because of the different skills…
2019-02-09 00:00:00 Read the full story.Interest Score: 1.0707, Positive Sentiment: 0.1868, Negative Sentiment 0.1370

4 Current Use Cases That Illustrate the Widening Adoption of AI

Most of the time, the discussions looking into artificial intelligence (AI) have seemed like they’re in the distant future. AI-powered technology fully automates business processes and displaces large swaths of today’s workforce. You don’t, however, hear all that much about the ways that AI is already making significant changes in the way businesses work.

For years now, technology experts and industry observers all over the world have engaged in a longstanding deba…
2019-02-08 15:00:49+00:00 Read the full story.Interest Score: 1.0676, Positive Sentiment: 0.3050, Negative Sentiment 0.0508

The pizza delivery business is one of the last industries that you would expect to be touched by big data. However, new research shows that pizza delivery companies are actually benefiting considerably from big data.

Machine learning & license plate recognition: An ideal partnership

The number of vehicles is increasing significantly. This increase has invoked the necessity of an automatic surveillance system. The License Plate Recognition and detection is a key technique in most applications related to vehicle movement. No doubt, there are various techniques and algorithms to detect and recognize License Plates, but image processing-based solution in form of Machine Learning is the most accurate because of the following reas…
2019-02-09 16:27:45+00:00 Read the full story.Interest Score: 1.0548, Positive Sentiment: 0.2051, Negative Sentiment 0.1318

Robotics: Part six of our in-depth focus on the six bold treasury predictions for 2019

Robotics and artificial intelligence have been at the forefront of fintech innovation for several years now, and it seems the majority of organisations have started to accept and integrate various AI-powered financial solutions. From social media chatbots capable of real-time payment processing, to predictive analytics suites designed to optimise customer journeys, there are plenty of practical applications being rolled out by FIs, …
2019-02-06 00:00:00 Read the full story.Interest Score: 1.0476, Positive Sentiment: 0.3095, Negative Sentiment 0.1667

Across the business world, major advances in technology including robotics, automation, and artificial intelligence are expected to dramatically transform the makeup of the workforce in the near future. This trend will fundamentally change how human workers are utilized, including those in the sales profession, and whether they will even be needed to perform certain job functions at all, notes DJ Sebastian, author of the new book, The Selling Revolution: Prospering in the World of Artificial Intelligence.

Trusting Own Abilities Over Computer Might Hold Back Use of AI in Military

If you were convinced you knew the way home, would you still turn on your GPS?

Army scientists recently attempted to answer a similar question due to an ongoing concern that artificial intelligence, which can be opaque and frustrating to many people, may not be helpful in battlefield decision making.

“The U.S. Army continues to push the modernization of its forces, with notable efforts including the development of smartphone-based software for real-time information delivery such as the Android Tactical Assault Kit, or ATAK, and the allocation of significant funding towards researching new …
2019-02-05 15:00:29+00:00 Read the full story.Interest Score: 1.0173, Positive Sentiment: 0.2543, Negative Sentiment 0.3730

Airbnb hired Fred Reid to be global head of transportation, a role that will focus on building partnerships and services around travel.

Reid joined from Kitty Hawk, where he led efforts to build the Cora autonomous flying taxi. Reid was also Virgin America’s first CEO, president of Delta Airlines and a driving force behind SkyTeam, an airline alliance.

What plans does the home-sharing service have in air travel? It’s not clear, but Airbnb said …
2019-02-07 22:40:09-08:00 Read the full story.Interest Score: 1.0127, Positive Sentiment: 0.3314, Negative Sentiment 0.1289

Top 5 Data Science Repositories from January 2019

Introduction

There’s nothing quite like GitHub and Reddit for data science. Both platforms have been of immense help to me in my data science journey.

GitHub is the ultimate one-stop platform for hosting your code. It excels at easing the collaboration process between team members. Most leading data scientists and organizations use GitHub to open-source their libraries and frameworks. So not only do we stay up-to-date with the latest developments in our field, we get t…
2019-02-05 05:52:50+00:00 Read the full story.Interest Score: 0.9805, Positive Sentiment: 0.2451, Negative Sentiment 0.1765

Filling Cybersecurity Blind Spots with Unsupervised Learning

What you don’t know can hurt you. And when you’re processing millions of transactions per day, what you don’t know probably is hurting you. That’s why using unsupervised machine learning techniques to create a fuller picture of real cybersecurity risks in the big data era is a big priority — not just for banks, but for regulators and customers too.

The numbers around the financial impact of cybercrimes are gaudy: About $5 trillion in annual damage. One fifth of Americans’ identities compromised. Ransomware attacks every 14 seconds. It’s a wonder anybody goes online anymore.

Debugging your tensorflow code right (without so many painful mistakes)

Debugging your tensorflow code right (without so many painful mistakes)

Galina Olejnik Blocked Unblock Follow Following Feb 9

When it comes to discussing writing code on tensorflow, it’s always about comparing it to PyTorch, talking about how complex the framework is and why some parts of tf.contrib work so badly. Moreover, I know a lot of data scientists, who interact with tensorflow only as with a dependency of pre-written Github repo, which …
2019-02-09 20:42:13.069000+00:00 Read the full story.Interest Score: 0.9378, Positive Sentiment: 0.1552, Negative Sentiment 0.2159

Mobile ad and app monetization company Tapjoy announced that Jeff Drobick will take over as president and CEO, succeeding former Disney executive Steve Wadsworth, who ran things for seven years.

Wadsworth will become chair of San Francisco-based Tapjoy’s board. Drobick has served as chief product officer (CPO) of Tapjoy since 2013, driving the company’s overall product vision and strategy while overseeing its product management, design, engineer…
2019-02-08 00:00:00 Read the full story.Interest Score: 0.9224, Positive Sentiment: 0.4211, Negative Sentiment 0.0201

PerimeterX secures $43M to protect web apps from bot attacks

We know by now that modern website attacks are typically automated, as armies of bots knock on doors until they inevitably find vulnerabilities and take advantage. PerimeterX, a San Francisco startup wants to protect sites from these automated assaults. Today, it announced a $43 million Series C.

‘Zillow Prize’ winners get $1M and bragging rights for beating the Zestimate for home valuation

If the winners of the Zillow Prize decide to spend their $1 million winnings on a new house, at least they’ll know that the Zestimate on whatever they’re looking at is a little more accurate thanks to their hard work.

Castle raises $9.2 million for AI that protects consumer apps from account takeovers

Castle, a San Francisco-based startup that wants to help businesses keep their customers’ online accounts safe from fraud, has raised $9.2 million in a series A round of funding from Index Ventures, with participation from Y Combinator, First Round Capital, F-Prime Capital Partners, and a host of individual angel investors.

Startup names may have passed peak weirdness

For years, decades even, startup names have been getting weirder. This isn’t a scientific verdict, but it is how things have seemed to someone who spends a lot of hours perusing this stuff.

Startups have had a long run of branding themselves with creative misspellings, animal names. human first names, made-up words, adverbs and other odd collections of letters. It’s gone on so long it now seems normal. Names like Google, Airbnb and Hulu, which s…
2019-02-09 00:00:00 Read the full story.Interest Score: 0.8487, Positive Sentiment: 0.1936, Negative Sentiment 0.0596

Is Big Data For Sleep Disorders A Boon Or A Bane?

nology. According to some healthcare providers, digital technology has become the underlying cause of insomnia and we are worse off because of it. However, there are actually a number of reasons that big data is the key to improved sleep.

The ultimate question is whether the positive effects of big data on our sleeping habits outweigh the drawbacks. This is a question that will need to be discussed over time. However, it seems that big data will prove to be a net positive for our sleeping habits, provided we understand the health implications and know how to change our habits accordingly.

Two former Qualcomm engineers are using AI to fix China’s healthcare problem

Artificial intelligence is widely heralded as something that could disrupt the jobs market across the board — potentially eating into careers as varied as accountants, advertising agents, reporters and more — but there are some industries in dire need of assistance where AI could make a wholly positive impact, a core one being healthcare.

Inspired and powered by partners

$32 billion in revenue. That’s an incredible number that Satya Nadella and Amy Hood shared during the Q2 earnings call last week. Just as impressive is the commercial cloud revenue increase of 48 percent year-over-year to $9 billion. Did you know that 95 percent of Microsoft’s commercial revenue flows directly through our partner ecosystem? With more than 7,500 partners joining that ecosystem every month, partner growth and partner innovation are…
2019-02-05 00:00:00 Read the full story.Interest Score: 0.8276, Positive Sentiment: 0.4570, Negative Sentiment 0.0494

The Power Of Benford’s Law In Detecting Financial Fraud

Benford’s Law is one of the concepts which is used almost daily but goes unnoticed. Not many people know that the law, originally discovered way back in 1881, is a very powerful measure of fraud detection in today’s world.

Discovery of Benford’s Law

The discovery of this law has a very interesting story and dates back to 1881. It was Astronomer Simon Newcomb who noticed it in log tables, used in mathematics and physics, and found that the earli…
2019-02-11 05:44:00+00:00 Read the full story.Interest Score: 0.8275, Positive Sentiment: 0.0752, Negative Sentiment 0.2508

Alexa-like bots will listen out for suicidal patients under NHS technology revolution

analyse patient conversations and spot if they suicidal, it has emerged.

A new report published today into the technological future of the health service has called for trusts to embrace robots and artificial intelligence and said that London was already planning to embed AI into its mental health services to pick up those in danger of self harm.

Mental health patients can already access online programmes to aid their recovery and it is hoped they would hold conversations with ‘triage bots’ which would notice warning signs.

AI Streamlines Content Curation Strategies In Digital Marketing

tantly searching for new strategies to scale content production without compromising the quality of their branding efforts. One approach they have taken is investing more heavily in content curation. Artificial intelligence has helped make contact curation much more effective.

What is content curation and how does artificial intelligence improve its ROI?

There are a number of ways to use content to expand brand reach and generate sales. One option is to use existing content from other sources as an alternative to generating your own. You can either aggregate the content in its existing form or make some small alte…
2019-02-03 19:04:31+00:00 Read the full story.Interest Score: 0.7910, Positive Sentiment: 0.3340, Negative Sentiment 0.1758

Microsoft pushes multibillion-dollar health AI tech in Australia

Among the earlier adopters of Microsoft’s Azure cloud-based clinical platform are members of the Australia Inflammatory Bowel Disease (IBD) Consortium.

Royal Adelaide Hospital’s IBD acting head Jane Andrews said the chronic and intermittent nature of inflammatory gut conditions such as Crohn’s disease made it difficult to track patient data across time, something that was now becoming more manageable.

5 Chicago tech leaders share what changed when their companies scaled

Growth is the goal of every tech company. But aside from a need for more desks and an increased customer list, what growth looks like — and the impact it makes internally — varies depending on the company and the industry it’s in. For some companies, growth mode brings about changes in recruiting strategies, while for others it impacts their approach to working with customers and even the products they create.

Health Care Is About to Improve Dramatically; Here’s How to Play it

Bill Gates is really smart. Microsoft (MSFT) , the company he co-founded, developed software that still powers most of the world’s personal computers. He’s also really good at predicting the future.

That is the basis for a fascinating story published by Entrepreneur Magazine recently. Way back in 1999, when the internet was in its infancy, Gates predicted, among other things, smartphones, fintech and social media.

3 Cybersecurity Trends Businesses Must Watch Out For in 2019

2018 saw the continued rise of cyberattacks globally. 2019 is seen as a pivotal year as organizations, together with the cybersecurity community, ramp up their efforts to thwart the evolving threats and risks that cyber attackers pose. IT management platform Cloud Management Suite Director of Services Robert Brown shares his takes on what is in store for cybersecurity this year.

Just this January, the cybersecurity space was alerted to the appea…
2019-02-07 02:39:48+11:00 Read the full story.Interest Score: 0.7612, Positive Sentiment: 0.0725, Negative Sentiment 0.5317

The more a job changes, the more secure it might be

He said jobs are evolving and the average level of task change in the past five years is about 10 per cent a year and where there is task change, the statistics suggest there is much more job security.

“The more rapidly your job is changing, the more secure it is and if your job isn’t changing, you’re probably going to lose it,” he said.

“Bearing this in mind, the workplace is actually much more secure which is completely contrary to the messag…
2019-02-08 00:00:00 Read the full story.Interest Score: 0.7596, Positive Sentiment: 0.3116, Negative Sentiment 0.2143

We spoke with Citi’s innovation chief about which fintechs it wants to invest in, how its internal ‘Shark Tank’ judges know when to kill an idea, and why red tape helps some startups flourish

Vanessa Colella took an unorthodox route to big banking. She arrived on the scene at Citigroup as a marketing chief in 2010, just as thousands of others had fled the industry or been cut amid the financial crisis.

Colella, who studied molecular biology at the Massachusetts Institute of Technology, started her career with Teach for America in its inaugural year as a junior-high-school science teacher in Brooklyn, New York.

After five years on th…
2019-02-08 00:00:00 Read the full story.Interest Score: 0.7525, Positive Sentiment: 0.2854, Negative Sentiment 0.1297

Cyber threats regularly overwhelm traditional security solutions. It’s growing clear that artificial intelligence and machine learning is the safest path to lock down data and protect the enterprise. Learn how new AI-powered security can protect companies and their customers better when you join this VB Live event!

Register here for free.

The amount of information that we have to pour through in order to identify threats and vulnerabilities and ongoing attacks is growing non-linearly, says Fernando Maymi…
2019-02-08 00:00:00 Read the full story.Interest Score: 0.7344, Positive Sentiment: 0.1658, Negative Sentiment 0.5330

Companies are working harder to retain graduate employees as economy stays strong

“We’ve realised people want to be stretched a lot earlier in their careers. We assign everyone to a team leader and set career goals early. Retention is critical.”

The company was also hiring people directly from school and putting them through non-university courses. The “higher apprentice” program worked with school-careers managers and put employees through TAFE.

Cannabis Firm Namaste Technologies Bounces Some 10% to Cap Off a Wild Week

OPINION/COMMENTARY

Cannabis e-commerce company Namaste Technologies Inc. (NXTTF) rebounded some 10% Friday to cap off a wild week that saw the stock lose as much as 34.6% from last week’s close at one point. The shares tanked after the company fired Chief Executive Officer Sean Dollinger on Monday.

Namaste said it had sacked Dollinger after a special committee investigated “certain allegations regarding the company made by a short seller” last …
2019-02-08 15:59:47-05:00 Read the full story.Interest Score: 0.7157, Positive Sentiment: 0.1741, Negative Sentiment 0.5416

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